Ministry of Commerce & Industry
Index of Eight Core Industries  for March, 2020
1. The summary of the Index of Eight Core Industries  is given at the Annexure.
2. The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production . The combined Index of Eight Core Industries stood at 137.0 in March, 2020, which declinedby 6.5per centas compared to the index of March,2019. Its cumulative growth during April to March, 2019-20was 0.6per cent.
Coal
3. Coal production increasedby 4.0 per cent in March, 2020 over March,2019. Its cumulative index declinedby 0.5per centduring April toMarch, 2019-20over corresponding period of the previous year.
Crude Oil
4. Crude Oil production  declinedby 5.5 per cent inMarch, 2020 over March,2019. Its cumulative index declined by 5.9 per centduring April toMarch, 2019-20over the corresponding period of previous year.
Natural Gas
5. The Natural Gas production  declinedby15.2 per cent in March, 2020 over March,2019. Its cumulative index declined by 5.7 per centduring April toMarch, 2019-20 over the corresponding period of previous year.
Refinery Products
6. Petroleum Refinery production declinedby0.5 per cent inMarch, 2020 overMarch,2019. Its cumulative index increasedby 0.2per centduring April to March, 2019-20over the corresponding period of previous year.
Fertilizers
7. Fertilizers production  declined by 11.9 per cent in March, 2020 overMarch,2019. Its cumulative index increasedby 2.7 per cent during April toMarch, 2019-20 over the corresponding period of previous year.
Steel
8. Steel production declinedby 13.0 per cent inMarch, 2020 over March,2019. Its cumulative index increased by 4.2per centduring April to March, 2019-20 over the corresponding period of previous year.
Cement
9. Cement production  declinedby24.7per cent inMarch, 2020overMarch,2019. Its cumulative index declinedby0.8per centduring April to March, 2019-20over the corresponding period of previous year.
Electricity
10. Electricity generation  declinedby7.2per centin March, 2020over March,2019. Its cumulative indexincreased by1.0per cent duringApril to March, 2019-20over the corresponding period of previous year.
Note 1: Data for January, 2020, February, 2020andMarch, 2020are provisional.
Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.
Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.
Note 4: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled  under the item ‘Cold Rolled  coils’ within the production of finished steel has also been included.
Note5: Release of the index for April, 2020 will be on Friday,29th May, 2020.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Weight
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
2018-19
|
|
2019-20
|
|
Coal
|
|
10.3335
|
|
104.2
|
|
112.6
|
|
118.0
|
|
121.8
|
|
124.9
|
|
134.1
|
|
133.5
|
|
Crude Oil
|
|
8.9833
|
|
99.2
|
|
98.4
|
|
97.0
|
|
94.5
|
|
93.7
|
|
89.8
|
|
84.5
|
|
Natural Gas
|
|
6.8768
|
|
74.5
|
|
70.5
|
|
67.2
|
|
66.5
|
|
68.4
|
|
69.0
|
|
65.1
|
|
Refinery Products
|
|
28.0376
|
|
108.6
|
|
108.8
|
|
114.1
|
|
119.7
|
|
125.2
|
|
129.1
|
|
129.4
|
|
Fertilizers
|
|
2.6276
|
|
98.1
|
|
99.4
|
|
106.4
|
|
106.6
|
|
106.6
|
|
107.0
|
|
109.8
|
|
Steel
|
|
17.9166
|
|
115.8
|
|
121.7
|
|
120.2
|
|
133.1
|
|
140.5
|
|
147.7
|
|
153.9
|
|
Cement
|
|
5.3720
|
|
111.5
|
|
118.1
|
|
123.5
|
|
122.0
|
|
129.7
|
|
147.0
|
|
145.7
|
|
Electricity
|
|
19.8530
|
|
110.3
|
|
126.6
|
|
133.8
|
|
141.6
|
|
149.2
|
|
156.9
|
|
158.5
|
|
Overall Index
|
|
100.0000
|
|
106.5
|
|
111.7
|
|
115.1
|
|
120.5
|
|
125.7
|
|
131.2
|
|
131.9
Growth Rates
|
|
Sector
|
|
Weight
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
2018-19
|
|
2019-20
|
|
Coal
|
|
10.3335
|
|
1.0
|
|
8.0
|
|
4.8
|
|
3.2
|
|
2.6
|
|
7.4
|
|
-0.5
|
|
Crude Oil
|
|
8.9833
|
|
-0.2
|
|
-0.9
|
|
-1.4
|
|
-2.5
|
|
-0.9
|
|
-4.1
|
|
-5.9
|
|
Natural Gas
|
|
6.8768
|
|
-12.9
|
|
-5.3
|
|
-4.7
|
|
-1.0
|
|
2.9
|
|
0.8
|
|
-5.7
|
|
Refinery Products
|
|
28.0376
|
|
1.4
|
|
0.2
|
|
4.9
|
|
4.9
|
|
4.6
|
|
3.1
|
|
0.2
|
|
Fertilizers
|
|
2.6276
|
|
1.5
|
|
1.3
|
|
7.0
|
|
0.2
|
|
0.03
|
|
0.3
|
|
2.7
|
|
Steel
|
|
17.9166
|
|
7.3
|
|
5.1
|
|
-1.3
|
|
10.7
|
|
5.6
|
|
5.1
|
|
4.2
|
|
Cement
|
|
5.3720
|
|
3.7
|
|
5.9
|
|
4.6
|
|
-1.2
|
|
6.3
|
|
13.3
|
|
-0.8
|
|
Electricity
|
|
19.8530
|
|
6.1
|
|
14.8
|
|
5.7
|
|
5.8
|
|
5.3
|
|
5.2
|
|
1.0
|
|
Overall Index
|
|
100.0000
|
|
2.6
|
|
4.9
|
|
3.0
|
|
4.8
|
|
4.3
|
|
4.4
|
|
0.6
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Index
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Mar-19
|
|
201.7
|
|
89.9
|
|
70.7
|
|
135.9
|
|
111.5
|
|
170.7
|
|
173.2
|
|
160.1
|
|
146.5
|
|
Apr-19
|
|
122.6
|
|
85.6
|
|
66.6
|
|
124.3
|
|
89.0
|
|
156.4
|
|
152.5
|
|
162.8
|
|
130.7
|
|
May-19
|
|
127.3
|
|
88.2
|
|
68.7
|
|
129.6
|
|
105.5
|
|
161.8
|
|
149.3
|
|
176.8
|
|
137.0
|
|
Jun-19
|
|
123.5
|
|
84.7
|
|
66.0
|
|
121.4
|
|
110.0
|
|
159.3
|
|
147.9
|
|
173.6
|
|
132.8
|
|
Jul-19
|
|
106.4
|
|
87.2
|
|
68.1
|
|
132.9
|
|
111.7
|
|
151.7
|
|
146.5
|
|
170.5
|
|
132.6
|
|
Aug-19
|
|
94.8
|
|
86.6
|
|
67.4
|
|
131.0
|
|
112.6
|
|
150.0
|
|
127.7
|
|
165.7
|
|
128.5
|
|
Sep-19
|
|
87.3
|
|
83.4
|
|
64.3
|
|
117.5
|
|
113.9
|
|
141.2
|
|
131.3
|
|
158.7
|
|
120.7
|
|
Oct-19
|
|
109.6
|
|
86.3
|
|
66.3
|
|
134.2
|
|
115.5
|
|
149.5
|
|
137.0
|
|
145.8
|
|
127.4
|
|
Nov-19
|
|
133.6
|
|
82.4
|
|
64.4
|
|
133.0
|
|
116.7
|
|
154.9
|
|
142.4
|
|
139.9
|
|
129.2
|
|
Dec-19
|
|
152.9
|
|
83.5
|
|
65.5
|
|
130.5
|
|
120.5
|
|
165.2
|
|
159.2
|
|
150.3
|
|
135.5
|
|
Jan-20
|
|
163.1
|
|
85.0
|
|
65.3
|
|
134.4
|
|
116.5
|
|
150.9
|
|
164.1
|
|
155.6
|
|
136.4
|
|
Feb-20
|
|
171.0
|
|
75.6
|
|
58.3
|
|
128.9
|
|
107.8
|
|
158.0
|
|
160.7
|
|
153.8
|
|
134.9
|
|
Mar-20
|
|
209.7
|
|
85.0
|
|
60.0
|
|
135.3
|
|
98.3
|
|
148.4
|
|
130.4
|
|
148.5
|
|
137.0
Growth Rates 
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Index
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Mar-19
|
|
9.1
|
|
-6.2
|
|
1.4
|
|
4.3
|
|
4.3
|
|
11.5
|
|
15.7
|
|
2.1
|
|
5.8
|
|
Apr-19
|
|
3.2
|
|
-6.7
|
|
-0.8
|
|
4.3
|
|
-4.4
|
|
13.3
|
|
2.3
|
|
5.9
|
|
5.2
|
|
May-19
|
|
1.7
|
|
-6.9
|
|
-0.1
|
|
-1.5
|
|
-1.0
|
|
13.3
|
|
2.8
|
|
7.4
|
|
3.8
|
|
Jun-19
|
|
2.9
|
|
-6.8
|
|
-2.1
|
|
-9.3
|
|
1.5
|
|
10.8
|
|
-1.9
|
|
8.6
|
|
1.2
|
|
Jul-19
|
|
-1.6
|
|
-4.4
|
|
-0.5
|
|
-0.9
|
|
1.5
|
|
8.1
|
|
7.7
|
|
5.2
|
|
2.6
|
|
Aug-19
|
|
-8.6
|
|
-5.4
|
|
-3.9
|
|
2.6
|
|
2.9
|
|
3.8
|
|
-5.1
|
|
-0.9
|
|
-0.2
|
|
Sep-19
|
|
-20.5
|
|
-5.4
|
|
-4.9
|
|
-6.6
|
|
5.4
|
|
-1.4
|
|
-2.0
|
|
-2.6
|
|
-5.1
|
|
Oct-19
|
|
-17.6
|
|
-5.1
|
|
-5.6
|
|
0.4
|
|
11.8
|
|
-0.5
|
|
-7.7
|
|
-12.2
|
|
-5.5
|
|
Nov-19
|
|
-3.5
|
|
-6.0
|
|
-6.4
|
|
3.1
|
|
13.6
|
|
7.0
|
|
4.3
|
|
-4.9
|
|
0.7
|
|
Dec-19
|
|
6.1
|
|
-7.4
|
|
-9.2
|
|
3.0
|
|
10.2
|
|
8.7
|
|
5.5
|
|
0.0
|
|
3.1
|
|
Jan-20
|
|
6.9
|
|
-5.3
|
|
-9.0
|
|
1.9
|
|
-0.1
|
|
-1.4
|
|
5.1
|
|
3.2
|
|
1.4
|
|
Feb-20
|
|
11.2
|
|
-6.4
|
|
-9.6
|
|
7.4
|
|
2.9
|
|
6.3
|
|
7.8
|
|
11.7
|
|
7.1
|
|
Mar-20
|
|
4.0
|
|
-5.5
|
|
-15.2
|
|
-0.5
|
|
-11.9
|
|
-13.0
|
|
-24.7
|
|
-7.2
|
|
-6.5